XRP Price Sets Stage for Comeback — Recovery Wave Incoming?
XRP price extended losses and traded below $1.3650. The price is now consolidating losses but faces hurdles near $1.3550 and $1.380. XRP price started another decline and traded below the $1.3550 zone. The price is now trading below $1.3620 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $1.3520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.380. XRP Price Extends Losses XRP price failed to stay above $1.3740 and extended its decline, like Bitcoin and....
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With the recent market recovery, the XRP price has been able to confirm an important Wave 3 move that was earlier highlighted by crypto analyst Dark Defender. Since this move has been completed, it is now time for the cryptocurrency to move into the next stage of the analysis. At this junction, there is a simple roadblock to a continuation of the rally and that lies at $3.13. In the follow-up analysis, Dark Defender reveals what could happen if the XRP price were to either break or get rejected at this level. What To Expect From The XRP Price In the analysis, Dark Defender highlighted that....
Bitcoin Price dropped over the edge during yesterday's session, and the slide continued for most of today. Price made the usual stops along the way: 38%, then 50% and then made its way to 62% where the bulls are attempting to stage a comeback. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Trading and Price Analysis. Time of analysis: 15h00 UTC. Bitfinex 15-Minute Chart. Analysis quoted from xbt.social: The full candle history has been restored at the 15-minute timeframe in Tradingview's chart. Here we can see, for the first time today,....
Dogecoin started a recovery wave above the $0.240 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.270. DOGE price started a recovery wave above the $0.2350 and $0.2420 levels. The price is trading below the $0.2780 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.260 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.260 and $0.270 resistance levels. Dogecoin Price Faces Resistance Dogecoin price started a fresh....
Ethereum price started a recovery wave above the $2,650 zone. ETH is showing positive signs and might aim for a move above the $2,880 resistance. Ethereum started a decent upward move above the $2,650 zone. The price is trading below $2,850 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with resistance at $2,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,880 level. Ethereum Price Recovery Gains Pace Ethereum price started a recovery wave after it dropped heavily below....
Crypto analyst CasiTrades has predicted that the XRP price could still crash to $1.4 in the final wave of this downtrend. This comes despite bullish catalysts such as the Fed rate cut, which could lift the altcoin to new highs. Analyst Predicts XRP Price Crash To $1.4 In an X post, CasiTrades stated that exchanges are aligning toward their .618 retracements, with Binance showing a crash to between $1.35 and $1.46 for the XRP price. She noted that this next wave down would complete the macro Wave 2 correction, setting the stage for the next Wave 3 impulse that could send XRP toward $6.50....